Multifamily Apartment Insurance

Insurance Requirements for Multifamily Apartments

Apartment complexes, garden-style communities, mid-rise and high-rise residential buildings. Explore coverage-specific requirements below.

Coverage Requirements

Covers third-party bodily injury and property damage claims arising from operations on the premises.

Typical: $1M per occurrence / $2M aggregate

Covers medical expenses and lost wages for employees injured on the job. Required by law in most states.

Typical: Statutory limits (varies by state)

Covers vehicles used for business purposes, including liability for accidents involving company-owned or hired vehicles.

Typical: $1M combined single limit

UMB

Provides additional liability coverage above the limits of underlying GL, auto, and WC policies.

Typical: $1M–$5M (varies by risk)

E&O

Covers claims arising from professional errors, omissions, or negligent advice — also known as Errors & Omissions.

Typical: $1M per claim / $2M aggregate

PROP

Covers damage to tenant-owned improvements, inventory, and business personal property within leased spaces.

Typical: Replacement cost of tenant improvements

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Office Buildings

Class A, B, and C office properties including high-rises, suburban office parks, and mixed-use office spaces.

Retail Centers

Shopping centers, strip malls, power centers, and lifestyle centers with multiple retail tenants.

Industrial Warehouses

Warehouses, distribution centers, flex spaces, and light manufacturing facilities.

Mixed-Use Properties

Properties combining retail, office, and residential uses — often with ground-floor commercial and upper-floor residential.

Medical Office Buildings

Medical offices, outpatient clinics, dental practices, and ambulatory surgery centers.

Hotels & Hospitality Properties

Hotels, motels, resorts, and extended-stay properties with complex vendor relationships.

Self-Storage Facilities

Climate-controlled and standard self-storage facilities, including boat and RV storage.